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(WALCHANNAG) Walchandnagar Industries complete technical analysis [charts+indicators] | Buy/Sell Walchandnagar Industries | (WALCHANNAG) share price targets

Complete technical analysis of Walchandnagar Industries (WALCHANNAG) by charts plus indicators, forecast predictions and share price targets for Walchandnagar Industries (WALCHANNAG)

Walchandnagar Industries trades in NSE in Construction & Engineering sector.

Showing technical analysis as on 2024-08-28 View latest technical analysis

10 day averaged volume of Walchandnagar Industries is 528010

Date	Daily Closing Price	Open	High	Low	Volume
28 Wed Aug 2024	344.70	358.95	361.50	340.40	0.548 times
27 Tue Aug 2024	358.30	360.60	368.10	354.35	0.44 times
26 Mon Aug 2024	358.20	373.35	380.00	356.05	0.814 times
23 Fri Aug 2024	373.35	379.60	393.25	372.00	0.99 times
22 Thu Aug 2024	374.70	384.00	393.70	372.15	1.067 times
21 Wed Aug 2024	388.35	369.90	388.35	366.95	1.416 times
20 Tue Aug 2024	369.90	380.00	382.30	362.20	1.249 times
19 Mon Aug 2024	373.00	359.00	373.00	353.35	0.721 times
16 Fri Aug 2024	355.25	344.00	355.25	333.00	1.199 times
14 Wed Aug 2024	338.35	348.50	353.95	338.00	1.277 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 354.9, but if it comes above 354.9, then a intra day buy could be more profitable.
If you take a sell trade below 354.9, then use 354.9 as stoploss and 329.5 as target. However if you take a buy trade in stock , then use 354.9 as stoploss and 376.1 as target.

Share price targets for Walchandnagar Industries (WALCHANNAG)

Target Type	Value
Downside Target	182.25
Downside Target	188.05
Downside Target	235.30
Downside Target	250.00
Downside Target	333.00
Downside Target	340.40
Upside Target	353.35
Upside Target	362.45
Upside Target	380.00
Upside Target	388.80
Upside Target	393.70
Upside Target	414.40
Upside Target	418.89
Upside Target	438.70

Intraday share price targets for Walchandnagar Industries (WALCHANNAG)

Target Type	Value
Downside Intraday Target	330.07
Downside Intraday Target	315.43
Upside Intraday Target	369.67
Upside Intraday Target	394.63
Upside Intraday Target	355.03

Weekly technical analysis of Walchandnagar Industries (WALCHANNAG)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Wed Aug 2024	344.70	373.35	380.00	340.40	0.331 times
23 Fri Aug 2024	373.35	359.00	393.70	353.35	1.131 times
16 Fri Aug 2024	355.25	366.65	388.80	333.00	0.524 times
09 Fri Aug 2024	376.20	400.20	414.40	362.45	0.846 times
02 Fri Aug 2024	417.80	374.56	438.70	366.65	1.748 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Walchandnagar Industries (WALCHANNAG)

Date	Monthly Closing Price	Open	High	Low	Volume
28 Wed Aug 2024	344.70	428.00	438.70	333.00	0.695 times
31 Wed Jul 2024	418.89	240.01	418.89	239.35	3.391 times
28 Fri Jun 2024	235.32	216.50	250.00	188.05	1.703 times
31 Fri May 2024	208.55	190.00	237.90	182.65	0.871 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Walchandnagar Industries (WALCHANNAG)

Price action analysis of Walchandnagar Industries ( (WALCHANNAG) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Walchandnagar Industries ( (WALCHANNAG) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Walchandnagar Industries ( (WALCHANNAG) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Walchandnagar Industries ( (WALCHANNAG) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Walchandnagar Industries stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Walchandnagar Industries in short term but the sell signal is initial and weak.

Walchandnagar Industries Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Walchandnagar Industries in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Walchandnagar Industries is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 364.82 and Walchandnagar Industries (WALCHANNAG) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Walchandnagar Industries (WALCHANNAG) stock. Volume based technical analysis of Walchandnagar Industries (WALCHANNAG) stock is negative.

Walchandnagar Industries Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.